Repayment Amount Includes Outstanding Principal Amount but Excludes Interest and Charges Amount for Full Loan Payment
(Doc ID 3044762.1)
Last updated on SEPTEMBER 05, 2024
Applies to:
Oracle Banking Digital Experience - Version 22.2.0.0.0 to 22.2.0.0.0 [Release 22]Information in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR
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Repayment amount shown on Loan Repayment transaction screen includes outstanding principal amount but excludes interest and charges amount when full payment option is selected
EXPECTED BEHAVIOR
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Repayment amount should include all three components principal, interest and charges amount when full payment option is selected.
STEPS
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The issue can be reproduced at will with the following steps:
1. Login the application
2. Navigate to toggle Menu > Accounts > Loan and Finances > Loan and Finance Repayments
3. Select the full repayment radio button and loan account
4. Click on submit
5. Confirm the transaction on review screen
6. Repayment amount is considers only the principal amount and not the interest and charges
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |
| References |